Simpsonville, KY Economy


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Simpsonville, KY is a small city located in Shelby County with an approximate population of 17,000. It offers a charming small town atmosphere while still providing access to larger cities like Louisville and Lexington. Companies that operate in Simpsonville include McDonald’s, Papa John’s Pizza, and several other small businesses. The cost of living in Simpsonville is lower than the US average, with 2 bedroom rents at $1,020 compared to $1,430 nationally. Grocery costs are also lower here with an index score of 102 versus 100 for the US. This makes Simpsonville a great location for those looking for an affordable place to live. Its proximity to larger cities gives it access to a variety of job opportunities as well as entertainment and culture that can be found in larger metro areas. Overall, Simpsonville is an ideal place for those seeking a quiet small town atmosphere with reasonable prices and easy access to larger cities nearby.

Simpsonville has an unemployment rate of 3.9%. The US average is 6.0%.

Simpsonville has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Simpsonville
- The Sales Tax Rate for Simpsonville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Simpsonville is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Simpsonville
- The average income of a Simpsonville resident is $23,997 a year. The US average is $28,555 a year.
- The Median household income of a Simpsonville resident is $85,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySimpsonville, KentuckyUnited States
  3.96
  -4.8%-6.2%
  41.2%33.5%
  6.0%6.2%
  6.0%4.6%
  $41,090$37,638
  $85,972$69,021
  $97,625$85,028
  Population by Occupation
  3.0%1.2%
  0.4%0.5%
  7.6%6.8%
  10.9%10.0%
  2.8%2.5%
  12.4%11.0%
  3.2%4.8%
  1.1%0.8%
  0.3%1.9%
  8.8%4.7%
  1.9%1.9%
  7.5%7.6%
  0.0%0.1%
  2.4%4.2%
  7.5%9.3%
  16.0%14.0%
  2.1%2.1%
  5.1%7.0%
  3.3%4.8%
  3.6%4.7%
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